Here is the official press release from Sprint:
“Sprint Confirms Discussions with Softbank on a Possible Transaction
OVERLAND PARK, Kan. (BUSINESS WIRE), October 11, 2012 – Sprint (NYSE: S) today confirmed that it is currently engaged in discussions with Softbank regarding a potential substantial investment by Softbank in Sprint. Although there can be no assurances that these discussions will result in any transaction or on what terms any transaction may occur, such a transaction could involve a change of control of Sprint. Sprint does not intend to comment further unless and until an agreement is reached.” – Sprint
We dont know what's going to happen with the Sprint if Softbank successfully acquired it. Sprint is currently the third largest mobile operator in the United States after AT&T and Verizon. This is not just a small investment but Softbank wants to fully acquire Sprint and in total control of it. Will it brings new challenges to other carriers in the United States? Maybe. [Sprint USA]
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